(Read more on the multifamily market.)

MARIETTA, GA-Atlanta-based Lane Co. and Griffin Realty Advisorshave acquired the 384-unit River Heights Apartments at 3702 RiverHeights Crossing for $40.7 million. The seller was WatertonAssociates LLC.

Located off Columns Drive, the complex borders the ChattahoocheeNational Forest and the Atlanta Country Club. It is one of a fewrental communities in the area, and is located near Sope CreekElementary, Dickerson Middle School and Walton High School. Thecomplex has one-, two- and three-bedroom units, including some withdens or lofts.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.